Common use of Voluntary Proceedings Clause in Contracts

Voluntary Proceedings. 90 9.2 Consequences of Event of Default........................... 90 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6

Appears in 2 contracts

Sources: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Voluntary Proceedings. 90 9.2 95 8.2 Consequences of Event of Default........................... 90 9.2.1 ............................... 96 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ............................. 96 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 ... 96 8.2.3 Set-off.......................................... 91 9.2.4 ................................................ 96 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ............................ 97 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6................................ 97 9.

Appears in 2 contracts

Sources: Revolving Credit Facility (Glatfelter P H Co), Revolving Credit Facility (Glatfelter P H Co)

Voluntary Proceedings. 90 68 9.2 Consequences of Event of Default........................... 90 .....................................69 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 ..........................................69 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 ..........69 9.2.3 Set-off.......................................... 91 .......................................................69 9.2.4 Suits, Actions, Proceedings...................... 91 ...................................70 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6.......................................70 9.2.6 Other Rights and Remedies.....................................71 9.3

Appears in 1 contract

Sources: Revolving Credit Facility (Churchill Downs Inc)

Voluntary Proceedings. 90 74 9.2 Consequences of Event of Default........................... 90 ......................................................74 9.2.1 Events of Default Other Than Bankruptcy, Insolvency Insolvency, or Reorganization Proceedings......... 90 ...................................................74 9.2.2 Bankruptcy, Insolvency Insolvency, or Reorganization Proceedings...................................... 90 ........................75 9.2.3 Set-off.......................................... 91 ......................................................................75 9.2.4 Suits, Actions, Proceedings...................... 91 ..................................................75 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6......................................................76

Appears in 1 contract

Sources: Credit Agreement (Westinghouse Air Brake Technologies Corp)

Voluntary Proceedings. 90 9.2 81 8.2 Consequences of Event of Default........................... 90 9.2.1 Default ............................................82 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ........................................82 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Proceedings .............82 8.2.3 Set-off.......................................... 91 9.2.4 off ..........................................................82 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Proceedings ......................................83 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6Proceeds ..........................................83 8.2.6 Other Rights and Remedies ........................................84

Appears in 1 contract

Sources: Revolving Credit Facility (Consolidated Stores Corp /De/)

Voluntary Proceedings. 90 9.2 72 8.2 Consequences of Event of Default........................... 90 9.2.1 ................................72 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ...........................72 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .............................................73 8.2.3 Set-off.......................................... 91 9.2.4 .................................................73 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 .............................73 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6.................................73 8.2.6 Other Rights and Remedies...............................74 8.3 Right of Competitive Bid Loan Banks.............................74

Appears in 1 contract

Sources: Revolving Credit Facility (Arch Coal Inc)

Voluntary Proceedings. 90 9.2 56 Section 8.02 Consequences of Event of Default........................... 90 9.2.1 Default ............................56 (a) Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 Proceedings ...............56 (b) Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .............................................56 (c) Set-off.......................................... 91 9.2.4 off ................................................56 (d) Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6Proceedings ............................57 (v)

Appears in 1 contract

Sources: 364 Day Revolving Credit Facility (Ace LTD)

Voluntary Proceedings. 90 60 9.2 Consequences of Event of Default........................... 90 .............................60 9.2.1 Events of Default Other Than Bankruptcy, . Insolvency or Reorganization Proceedings......... 90 ...............................60 9.2.2 Bankruptcy, . Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6....60

Appears in 1 contract

Sources: Credit Agreement (Aquapenn Spring Water Company Inc)

Voluntary Proceedings. 90 9.2 43 Section 8.02 Consequences of Event of Default........................... 90 9.2.1 ...................... 44 (a) Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ......................... 44 (b) Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .. 44 (c) Set-off.......................................... 91 9.2.4 ............................................... 44 (d) Suits, Actions, Proceedings...................... 91 9.2.5 ........................... 44 (e) Application of Proceeds; Collateral Sharing...... 91 9.2.6............................... 45 (f) Other Rights and Remedies............................. 45 Section 8.03 Right of Competitive Bid Loan Banks................... 45

Appears in 1 contract

Sources: Credit Agreement (Ace LTD)

Voluntary Proceedings. 90 9.2 66 8.2 Consequences of Event of Default........................... 90 9.2.1 .................................................. 66 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6............................................ 66 -v- 7 TABLE OF CONTENTS Article Page

Appears in 1 contract

Sources: Revolving Credit Facility (Triumph Group Inc /)

Voluntary Proceedings. 90 9.2 48 8.2 Consequences of Event of Default........................... 90 9.2.1 ....................................................................48 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ........48 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .....................................48 8.2.3 Set-off.......................................... 91 9.2.4 ..................................................................................49 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ..............................................................49 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6..................................................................49

Appears in 1 contract

Sources: Term Loan Credit Agreement (Champion Industries Inc)

Voluntary Proceedings. 90 9.2 63 8.2 Consequences of Event of Default........................... 90 9.2.1 .................................................. 63 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 .......................................... 63 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .................. 64 8.2.3 Set-off.......................................... 91 9.2.4 ............................................................... 64 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ........................................... 65 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6............................................... 65

Appears in 1 contract

Sources: Credit Agreement (Triumph Group Inc /)

Voluntary Proceedings. 90 78 9.2 Consequences of Event of Default........................... 90 9.2.1 ....................................................... 78 9.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 .................................................. 78 9.2.2. Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 ........................ 79 9.2.3. Set-off.......................................... 91 9.2.4 ..................................................................... 79 9.2.4. Suits, Actions, Proceedings...................... 91 9.2.5 ................................................. 79 9.2.5. Application of Proceeds; Collateral Sharing...... 91 ................................. 80 9.2.6. Other Rights and Remedies................................................... 80

Appears in 1 contract

Sources: Credit Agreement (New Jersey Resources Corp)

Voluntary Proceedings. 90 9.2 72 8.2 Consequences of Event of Default........................... 90 9.2.1 ....................................72 8.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ............................72 8.2.2. Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-.....72 8.2.3. Set off.......................................... 91 9.2.4 ..................................................72 8.2.4. Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6..............................73 8.2.5. Other Rights and Remedies................................73

Appears in 1 contract

Sources: Revolving Credit Facility (Professional Detailing Inc)

Voluntary Proceedings. 90 9.2 57 8.2 Consequences of Event of Default........................... 90 9.2.1 ..............................................................57 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ..........................................................................57 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6.................................58

Appears in 1 contract

Sources: Revolving Credit Facility (Triumph Group Inc /)

Voluntary Proceedings. 90 9.2 74 8.2 Consequences of Event of Default........................... 90 9.2.1 ..........................................................75 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 .....75 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 ..................................75 8.2.3 Setoff................................................................................75 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ...........................................................76 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6...............................................................76 8.2.6 Other Rights and Remedies.............................................................76

Appears in 1 contract

Sources: Revolving Credit Facility Credit Agreement (Brady Corp)

Voluntary Proceedings. 90 65 9.2 Consequences of Event of Default........................... 90 Default ....................................66 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6Proceedings ......................................66

Appears in 1 contract

Sources: Revolving Credit Agreement (Tb Woods Corp)

Voluntary Proceedings. 90 9.2 79 8.2 Consequences of Event of Default........................... 90 9.2.1 ................................................... 79 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ............................................. 80 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 ................... 80 8.2.3 Setoff................................................................. 80 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ............................................ 81 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6................................................ 81 8.2.6 Other Rights and Remedies.............................................. 81

Appears in 1 contract

Sources: Revolving Credit Facility (Brady Corp)

Voluntary Proceedings. 90 9.2 49 8.2 Consequences of Event of Default........................... 90 9.2.1 ..........................50 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ..........50 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .......................................50 8.2.3 Set-off.......................................... 91 9.2.4 .............................................50 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 .........................51 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6.............................51 9.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Champion Industries Inc)

Voluntary Proceedings. 90 79 9.2 Consequences of Event of Default........................... 90 ...............................................................80 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 .......................................................................80 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 ..............................80 9.2.3 Set-off.......................................... 91 ...........................................................................80 9.2.4 Suits, Actions, Proceedings...................... 91 .......................................................81 9.2.5 Application of Proceeds; Collateral Sharing...... 91 ...........................................................81 9.2.6

Appears in 1 contract

Sources: Credit Agreement (Linc Net Inc)

Voluntary Proceedings. 90 78 9.2 Consequences of Event of Default........................... 90 9.2.1 .......................................... 79 9.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 .................................. 79 9.2.2. Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 ........... 79 9.2.3. Set-off.......................................... 91 9.2.4 ........................................................ 79 9.2.4. Suits, Actions, Proceedings...................... 91 9.2.5 .................................... 80 9.2.5. Application of Proceeds; Collateral Sharing...... 91 .................... 80 9.2.6. Other Rights and Remedies...................................... 81

Appears in 1 contract

Sources: Revolving Credit Facility (New Jersey Resources Corp)

Voluntary Proceedings. 90 9.2 69 8.2 Consequences of Event of Default........................... 90 9.2.1 ................................................... 69 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 .......................................................... 69 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Proceedings69 8.2.3 Set-off.......................................... 91 9.2.4 .................................................................. 70 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 .............................................. 70 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6.................................................. 70 8.2.6 Other Rights and Remedies................................................ 71

Appears in 1 contract

Sources: Credit Agreement (Option Care Inc/De)

Voluntary Proceedings. 90 9.2 87 8.2 Consequences of Event of Default........................... 90 9.2.1 ...................................88 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ............................88 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 ......88 8.2.3 Set-off.......................................... 91 9.2.4 ...................................................88 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ...............................89 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6...................................89 8.2.6 Other Rights and Remedies.................................90 8.3 Right of Competitive Bid Loan Lenders..............................90

Appears in 1 contract

Sources: Credit Agreement (Arch Coal Inc)

Voluntary Proceedings. 90 9.2 80 8.2 Consequences of Event of Default........................... 90 9.2.1 ...............................................................80 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ...80 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6................................81

Appears in 1 contract

Sources: Revolving Credit Facility (Arch Coal Inc)

Voluntary Proceedings. 90 81 9.2 Consequences of Event of Default........................... 90 9.2.1 ............................................................ 81 9.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ...................................................................... 81 9.2.2. Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 ............................. 81 9.2.3. Set-off.......................................... 91 9.2.4 .......................................................................... 82 9.2.4. Suits, Actions, Proceedings...................... 91 9.2.5 ...................................................... 82 9.2.5. Application of Proceeds; Collateral Sharing...... 91 ...................................... 82 9.2.6. Other Rights and Remedies........................................................ 83

Appears in 1 contract

Sources: Credit Agreement (New Jersey Resources Corp)

Voluntary Proceedings. 90 72 9.2 Consequences of Event of Default........................... 90 .......................................73 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 ....................................73 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 .............73 9.2.3 Set-off.......................................... 91 ..........................................................73 9.2.4 Suits, Actions, Proceedings...................... 91 ......................................74 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6..........................................74 9.2.6 Other Rights and Remedies........................................75 9.3

Appears in 1 contract

Sources: Credit Agreement (Novacare Employee Services Inc)

Voluntary Proceedings. 90 65 9.2 Consequences of Event of Default........................... 90 ......................................65 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 .......................................65 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 .............65 9.2.3 Set-off.......................................... 91 ..........................................................66 9.2.4 Suits, Actions, Proceedings...................... 91 ......................................66 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6..........................................66 9.2.6 Other Rights and Remedies........................................67

Appears in 1 contract

Sources: Credit Agreement (Phymatrix Corp)

Voluntary Proceedings. 90 50 9.2 Consequences of Event of Default........................... 90 9.2.1 ...............................................................50 9.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 .........................................................................50 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 ................................51 9.2.3 Set-off.......................................... 91 .............................................................................51 9.2.4 Suits, Actions, Proceedings...................... 91 .........................................................51 9.2.5 Application of Proceeds; Collateral Sharing...... 91 .............................................................51 9.2.6

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (New Jersey Resources Corp)

Voluntary Proceedings. 90 64 9.2 Consequences of Event of DefaultDefault ........................... 90 65 9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 Proceedings .......... 65 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 Proceedings ....................................... 65 9.2.3 Set-off.......................................... 91 off ............................................ 65 9.2.4 Suits, Actions, Proceedings...................... 91 Proceedings ........................ 66 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6Proceeds ............................ 66 9.2.6 Other Rights and Remedies .......................... 67 9.3

Appears in 1 contract

Sources: Credit Agreement (Elgin National Industries Inc)

Voluntary Proceedings. 90 9.2 71 8.2 Consequences of Event of Default........................... 90 9.2.1 ........................................71 8.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ...............................................71 8.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 ...............72 8.2.3 Set-off.......................................... 91 9.2.4 ............................................................72 8.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 ........................................72 8.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6............................................73 8.2.6 Other Rights and Remedies..........................................73

Appears in 1 contract

Sources: Credit Agreement (Party City Corp)

Voluntary Proceedings. 90 73 9.2 Consequences of Event of Default........................... 90 9.2.1 ...............................................................73 9.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 Set-off.......................................... 91 9.2.4 Suits, Actions, Proceedings...................... 91 9.2.5 Application of Proceeds; Collateral Sharing...... 91 9.2.6Proceedings.73

Appears in 1 contract

Sources: Credit Agreement (Compudyne Corp)

Voluntary Proceedings. 90 9.2 66 8.2 Consequences of Event of Default........................... 90 9.2.1 ............................................ 67 8.2.1. Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings......... 90 9.2.2 ........................................... 67 8.2.2. Bankruptcy, Insolvency or Reorganization Proceedings...................................... 90 9.2.3 .............. 67 8.2.3. Set-off.......................................... 91 9.2.4 ........................................................... 67 8.2.4. Suits, Actions, Proceedings...................... 91 9.2.5 ....................................... 68 8.2.5. Application of Proceeds; Collateral Sharing...... 91 9.2.6....................... 68 8.2.6. Other Rights and Remedies......................................... 69

Appears in 1 contract

Sources: Revolving Credit Facility (Respironics Inc)